BRIEF-Fairfax to acquire 80 pct interest in Indonesian insurer

Mon Jun 27, 2016 7:56am EDT
 
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June 27 (Reuters) - Fairfax Financial Holdings Ltd

* Fairfax to acquire 80 pct interest in Indonesian insurer

* Fairfax Financial Holdings Ltd says on closing, AMAG will integrate with PT Fairfax Insurance Indonesia and become part of Fairfax Asia Group

* Fairfax Asia entered agreement with PT Paninvest Tbk and affiliates to buy 80 pct interest in PT Asuransi Multi Artha Guna TBK

* As part of transaction, AMAG will also enter into long-term general insurance partnership with PT Bank Pan Indonesia TBK Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)